Allot Communications Ltd (NASDAQ:ALLT) Short Interest Up 36.7% in November

Allot Communications Ltd (NASDAQ:ALLT) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 60,400 shares, an increase of 36.7% from the November 15th total of 44,200 shares. Based on an average daily volume of 205,700 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

Allot Communications Trading Down 2.6 %

Shares of ALLT stock traded down $0.14 during mid-day trading on Friday, hitting $5.16. 304,853 shares of the stock traded hands, compared to its average volume of 136,250. Allot Communications has a 52-week low of $1.39 and a 52-week high of $5.50. The stock’s fifty day moving average is $3.81 and its two-hundred day moving average is $3.14. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.06 and a current ratio of 2.32.

About Allot Communications

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.